- What does PRASX invest in?
- The T. Rowe Price New Asia Fund aims to achieve sustained capital growth over the long term. It does this by primarily allocating its investments to the equity securities of companies either based in or with their main operations in Asian countries, specifically excluding Japan. Typically, a significant portion — at least 80% — of its net assets (which includes any funds borrowed for investment purposes) will be committed to these non-Japanese Asian enterprises. For the purpose of identifying eligible companies to meet this 80% threshold, the fund relies on country classifications provided by independent data sources like MSCI, Inc. or similar unaffiliated providers. It operates as a non-diversified portfolio.
- What is the expense ratio of PRASX?
- T. Rowe Price New Asia Fund (PRASX) charges an expense ratio of 1.03%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PRASX?
- T. Rowe Price New Asia Fund (PRASX) manages $2.83B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is PRASX actively managed or an index fund?
- PRASX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRASX's is 1.03%) in exchange for the discretion to over- or under-weight positions.
- When was PRASX launched?
- T. Rowe Price New Asia Fund (PRASX) launched in September 1990 and is managed by T. Rowe Price.
- How has PRASX performed?
- PRASX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
